Quantbot Technologies LP Sells 69,872 Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Quantbot Technologies LP lessened its position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) by 59.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 47,304 shares of the mining company's stock after selling 69,872 shares during the period. Quantbot Technologies LP's holdings in Compañía de Minas Buenaventura S.A.A. were worth $545,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of BVN. SBI Securities Co. Ltd. bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the fourth quarter worth about $50,000. Point72 Hong Kong Ltd bought a new stake in Compañía de Minas Buenaventura S.A.A. during the 3rd quarter worth approximately $56,000. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Compañía de Minas Buenaventura S.A.A. by 41.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,752 shares of the mining company's stock worth $58,000 after purchasing an additional 1,389 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter valued at approximately $63,000. Finally, R Squared Ltd bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter valued at approximately $74,000.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Compañía de Minas Buenaventura S.A.A. from a "buy" rating to a "hold" rating in a report on Monday, February 24th.

Remove Ads

Compañía de Minas Buenaventura S.A.A. Stock Down 0.5 %

Compañía de Minas Buenaventura S.A.A. stock traded down $0.08 during midday trading on Tuesday, hitting $15.56. 1,199,935 shares of the stock were exchanged, compared to its average volume of 1,190,325. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $3.95 billion, a price-to-earnings ratio of 11.03 and a beta of 0.76. Compañía de Minas Buenaventura S.A.A. has a 52-week low of $11.50 and a 52-week high of $18.84. The business's 50-day moving average price is $13.69 and its 200-day moving average price is $13.15.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last announced its earnings results on Thursday, February 20th. The mining company reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.07). The business had revenue of $299.59 million during the quarter, compared to analysts' expectations of $315.77 million. Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%. On average, research analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current fiscal year.

About Compañía de Minas Buenaventura S.A.A.

Compañía de Minas Buenaventura SAA. engages in the exploration, development, construction, and operation of mineral processing business. The company explores for gold, silver, lead, zinc, and copper metals. It operates operating mining units, including Tambomayo located in the Caylloma province, Orcopampa Unit located in the province of Castilla, Uchucchacua located in province of Oyón, Julcani located in province of Angaraes, Peru, as well as San Gabrie located in the province of General Sánchez Cerro, in the Moquegua region.